Franciscan Foundation is located in Frankfort, IL. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Franciscan Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Franciscan Foundation generated $2.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $25.8k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OTHER CHARITABLE ORGANIZATIONS WERE PROVIDED FINANCING TO FURTHER HEALTH CARE SERVICES AND EDUCATIONAL PROGRAMS FOR THOSE IN NEED OF SUCH SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sister Kathleen Hook President | 0 | $0 | |
Sister Norma Janssen Vice President | 0 | $0 | |
Sister Mary Shinnick Treasurer | 0 | $0 | |
Sister Elaine Teders Secretary | 0 | $0 | |
Sister Karen Marie Lanigan Director | 0 | $0 | |
Mary Meyers Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,514 |
Membership dues | $0 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $2,522 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,200 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $61 |
Total expenses | $25,761 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $62,105 |
Other assets | $0 |
Total assets | $62,105 |
Total liabilities | $18,500 |
Net assets or fund balances | $43,605 |